Its a series of numbers?

Correspondent lending typically takes one of two forms: delegated or non-delegated.One approach is to obtain your loan purchaser’s criteria and documentation, (hopefully) adhere to them scrupulously, and originate the loans yourself.

Delays: The project has been delayed by more than 8 months beyond the original timeline. 3.

Not only were they followed when originated but are they witha  third party servicer now ?

We negotiated it down from their original asking price of $1.8M but it needed to be a cash deal because the building was 50% occupied and of what WAS occupied was month to month office tenants.

The market was not as good as I originally had calculated in that area.

I originally house hacked with a long term renter in the other unit of a duplex in a great location.

You know I suspect but don't know for sure.. the Co owners of the fund recruited Brandon for his star power as the original face of BP and podcast host..

Please note that this is for a Texas Series LLC.1.

Assuming you've met that, your original loan amount was ~$364,500 with 10% and a purchase price of $405k.